Indian mutual fund industry posts stellar performance in FY24; AUM jumps 35% to Rs 39.42 lakh cr

Mumbai: The Indian mutual fund industry has posted an impressive performance during the last financial year (2023-24), with the industry’s net Assets under Management (AUM) registering a growth of 35 percent at Rs 53.40 lakh crore as of March 31, 2024, as against Rs 39.42 lakh crore same period last year.

Indian mutual fund industry AUM grows 33% YoY to Rs 53 lakh crore in Jan 2024

Mumbai: The net AUM of the mutual fund industry rose 33.11% YoY at Rs 52.74 lakh crore in January 2024, as against Rs 39.62 lakh crore in January 2023, according to a report.

Strong macroeconomic fundamentals and resilient earnings growth to help Indian mutual fund industry sustain growth in 2024

Mumbai: The Indian mutual fund industry, which has witnessed a 125 percent surge in net inflows and around 24% percent growth in Assets under Management (AUM) since the beginning of this calendar year, is likely to sustain its growth momentum in 2024 backed by strong macroeconomic fundamentals of the Indian economy and resilient earnings growth, according to ICRA Analytics.

Canara Robeco Mutual Fund sees substantial AUM growth in the last 5 years: AMFI

Kolkata: Canara Robeco Mutual Fund, the second oldest fund house in India, has seen its assets under management zooming by 400% in the last five years, reaching Rs 62,544 crore as on 31st March, 2023 from Rs 12,532 crore on 31st March, 2018 as per the data published by AMFI. 

Mutual Fund Industry March 2023 Net AUM at Rs 39,42,031 cr: AMFI

Mumbai: Mutual Fund Industry Net AUM stood at Rs 39,42,031 crores, while AAUM was Rs 40,04,638 crores in March 2023, showed AMFI Mutual Fund Industry data.

ICICI Prudential Life Insurance Company’s AUM crosses Rs 2.5 lakh cr

ICICI Prudential Life Insurance Company has crossed 2.5 lakh crore in Assets under Management (AUM), the company said Thursday.

Ambit Alpha Fund crosses 1,000 crore in AUM

Mumbai, Jun 16 (IBNS): Ambit Alpha Fund, an Alternate Investment Fund (AIF) in India, managed by Ambit Investment Advisors, has crossed a milestone of Rs. 1,000 crore of assets under management within 3 years of its launch.